Hi All!I am looking to close on my first deal in the next 2-3 months and could use some advice about how to continue to build my portfolio from there. Situation:*I don't qualify for a conventional mortgage because I'm...
Hey Everyone!so we are considering the idea of collecting rent online using one of the various available websites out there. my questions are 1 - do you collect electronically or in person?2 - if electronically what s...
Hey BP members. I am having a great deal of issues getting renters to sign an application to see if they qualify before showing the property. It seems like renters want to see the property before they file an applicat...
Hi everyone, Thank you for taking the time to read about my situation and give me advice. My goal is to bring in 16k per month with my buy-and-hold properties. I plan on living on 25% of that and using the additional ...
If you own a short-term rental, there are likely to be seasons when bookings slow and you worry about generating enough income. The resort industry knows this cycle well. They have “high season,” when everyone wants t...
Current tenant changed the front door lock without permission. This was discovered today by property manager,. Tenant said that the front door handle broke so she took it upon herself to change the lock but made no me...
Hello,
Curious to know what you'd do in this situation. Rent is due today (October 1st). Tenant asked if we could work with her to avoid late payment fee (assessed if rent not paid prior to or on 4th day of month) si...
I am 51 years old and disabled. My primary (and currently only) source of income is SSDI (Social Security Disability Insurance). My wife is currently unemployed, and has also applied for disability and her case is p...
Hi BP'ers!
I have a rental that I am listing at $635 a month in a C area. I have had several calls on it, and one in particular I wanted to ask your opinion about.
Her and her husband are on SSI disability (I do not...
Hello all!
I just got back from a home buyers seminar at BMO|Harris Bank. No one showed up so it ended up being me with an agent, lender, and insurance agent. It was really informative meeting for me because ...